6 months on rocket

1994 Rainbow Dr NE, Lancaster, OH, 43130

$185,000

12.51 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
MLS #224016413
Lot Size12.51 Acres
StatusActive

About 1994 Rainbow Dr NE

Looking for a place to build your dream home? This 12.5 acres of heavily wooded property located within the city limits of Lancaster gives you the privacy and serene surroundings of living in the country yet you have all of the amenities of the city. All utilities are available at the road. Carper Street will dead end into this property. The property will require a large culvert or bridge to cross the ravine/stream. The estimated cost for this is $75,000. The price for this property reflects the need for the culvert/bridge. Currently Zoned Residential Medium Density.

Property Details

Property Features

Listing Office:

  • Office Name: M3K Real Estate Network Inc.
  • Listing Agent: Michelle L Stevenson

Lot Features

Lot Information:

  • Lot Size: 12.51 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000

Tax Information:

  • Annual Amount: $638
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lancaster, OH.

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Lancaster, OH

City

Med. List Price

$239.1K

Med. Price/SqFt

$163

Avg. Days On Market

569

# of Sold Homes

2

1994 Rainbow Dr NE vs Lancaster

181 DAYS ON ROCKET

-388 Days

$185,000

-$54.1K Less

KEY TAKEAWAY

This property is $54.1K less than the Median List Price in Lancaster, OH.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224016413

Listing Office:

  • Office Name: M3K Real Estate Network Inc.
  • Listing Agent: Michelle L Stevenson

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$638$17,510
2019$637$17,510
2018$671$17,510
2017$672$17,510

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-970414
8
/10

  • Tarhe Trails Elementary School

  • 2141 Greencrest Way

  • 1.41 miles

  • Public District Grades KG-5

school-card-donut-970415
5
/10

  • Mt. Pleasant Elementary School

  • 712 N Broad St

  • 3.62 miles

  • Public District Grades KG-5

school-card-donut-970416
5
/10

  • Gorsuch West Elementary School

  • 440 Trace Dr

  • 3.82 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,227. Most Lancaster, OH residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lancaster, OH

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lancaster, OH?

The housing landscape in Lancaster, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes reflect a range of designs from classic mid-century to more contemporary structures. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.

Is Lancaster, OH a good place to live?

Lancaster is celebrated for its small-town charm and rich historical heritage. The community prides itself on a strong sense of togetherness, often showcased during local events and festivals that highlight the city's cultural identity. Residents enjoy a blend of traditional values and a welcoming atmosphere that defines the city's character.

Are things conveniently located in Lancaster, OH?

Residents of Lancaster have access to a solid educational system, with multiple public schools serving different age groups and a few private institutions, some of which may have religious affiliations. The city is served by a network of healthcare facilities, including a major hospital that provides a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, offering both familiar and unique experiences.

What does the transportation in Lancaster, OH look like?

Transportation in Lancaster includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. While specific schedules vary, the frequency of these services is designed to accommodate the needs of commuters and local travelers. The city also supports ride-sharing options, enhancing mobility for those without private vehicles. Lancaster boasts a network of roads and highways that facilitate travel to nearby cities and attractions, with ongoing efforts to improve transport efficiency and accessibility for all residents.

Frequently Asked Questions About 1994 Rainbow Dr NE

What is the listing price of this property?

The listing price of 1994 Rainbow Dr NE property is $185,000.

What type of property is this?

The property 1994 Rainbow Dr NE is land located in Lancaster, Ohio, 43130.

Is this property for sale now?

Active Listing: 1994 Rainbow Dr NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $638 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1994 Rainbow Dr NE is 12.51 acres.
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Rocket Homes›Ohio›Fairfield County›Lancaster›43130›1994 Rainbow Dr NE

This home is located at 1994 Rainbow Dr NE in Lancaster, OH and zip code 43130. This home sits on a 12.51 acre lot. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $185,000.

The inventory of homes for sale in Lancaster, OH between September 2024 and October 2024 decreased by 43.8%. In October 2024 median list price was $239,146 and the average listing age was 569 days.

From Rocket Homes Real Estate and based on county public records data.

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